NASDAQ:ZS - Zscaler Stock Price, Forecast & News

Zscaler trades on the NASDAQ under the ticker symbol "ZS."

Zscaler Inc (NASDAQ:ZS) announced its quarterly earnings results on Tuesday, December, 3rd. The company reported $0.03 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.08) by $0.11. The firm had revenue of $93.59 million for the quarter, compared to the consensus estimate of $89.81 million. Zscaler had a negative net margin of 11.45% and a negative return on equity of 11.23%. The firm's quarterly revenue was up 47.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.01 earnings per share. View Zscaler's Earnings History.

Zscaler is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Zscaler.

Zscaler issued an update on its FY20 earnings guidance on Tuesday, December, 3rd. The company provided earnings per share (EPS) guidance of $0.13-0.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.15. The company issued revenue guidance of $405-413 million, compared to the consensus revenue estimate of $403.00 million.

19 brokers have issued 1-year target prices for Zscaler's stock. Their forecasts range from $40.00 to $89.00. On average, they expect Zscaler's stock price to reach $62.11 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price. View Analyst Price Targets for Zscaler.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last year. There are currently 2 sell ratings, 8 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Zscaler.

News stories about ZS stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Zscaler earned a news sentiment score of 1.6 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Zscaler.

Zscaler saw a increase in short interest in December. As of December 13th, there was short interest totalling 14,600,000 shares, an increase of 5.3% from the November 28th total of 13,860,000 shares. Based on an average daily trading volume, of 2,410,000 shares, the short-interest ratio is currently 6.1 days. Currently, 22.2% of the company's shares are short sold. View Zscaler's Current Options Chain.

Some companies that are related to Zscaler include Verisign (VRSN), Wipro (WIT), NTT DATA CORP/ADR (NTDTY), Obic (OBIIF), EPAM Systems (EPAM), Amdocs (DOX), Aspen Technology (AZPN), GEMALTO NV/S (GTOMY), PROS (PRO), Endava (DAVA), Sogou (SOGO), Perficient (PRFT), Virtusa (VRTU), Formula Systems (1985) (FORTY) and Glu Mobile (GLUU).

Based on aggregate information from My MarketBeat watchlists, some companies that other Zscaler investors own include NVIDIA (NVDA), Twilio (TWLO), Okta (OKTA), Alibaba Group (BABA), Square (SQ), Trade Desk (TTD), Netflix (NFLX), salesforce.com (CRM), Paypal (PYPL) and Walt Disney (DIS).

(ZS) raised $110 million in an initial public offering on Friday, March 16th 2018. The company issued 10,000,000 shares at a price of $10.00-$12.00 per share. Morgan Stanley and Goldman Sachs acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Deutsche, Credit Suisse, UBS Securities, Baird, BTIG and Needham, Stephens were co-managers.

Zscaler's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.56%), Red Spruce Capital LLC (0.02%), Alpine Global Management LLC (0.01%), Wedbush Securities Inc. (0.01%), Sciencast Management LP (0.01%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). Company insiders that own Zscaler stock include Amit Sinha, Andrew William Fraser Brown, Charles H Giancarlo, Karen Blasing, Manoj Apte, Remo Canessa and Robert Schlossman. View Institutional Ownership Trends for Zscaler.

ZS stock was sold by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC and Optimum Investment Advisors. Company insiders that have sold Zscaler company stock in the last year include Amit Sinha, Andrew William Fraser Brown, Karen Blasing, Manoj Apte, Remo Canessa and Robert Schlossman. View Insider Buying and Selling for Zscaler.

ZS stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Red Spruce Capital LLC, Alpine Global Management LLC, Sciencast Management LP, FNY Investment Advisers LLC, Zurcher Kantonalbank Zurich Cantonalbank , Wedbush Securities Inc. and Winslow Evans & Crocker Inc.. View Insider Buying and Selling for Zscaler.

Shares of ZS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ZS stock can currently be purchased for approximately $60.16.

Zscaler has a market capitalization of $7.70 billion and generates $302.84 million in revenue each year. The company earns $-28,660,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. Zscaler employs 1,480 workers across the globe.View Additional Information About Zscaler.

The official website for Zscaler is http://www.zscaler.com/.

Zscaler's mailing address is 110 ROSE ORCHARD WAY, SAN JOSE CA, 95134. The company can be reached via phone at 408-533-0288 or via email at [email protected]